Data show that in the first five months of this year, the total import and export volume between China and other RCEP member countries reached 5.11 trillion yuan, a year-on-year increase of 4.5%. Since its implementation at the beginning of last year, trade among RCEP member countries has become closer, and intra-regional trade has become a key force driving trade growth. The economic and trade ties between China and RCEP member countries are also getting closer.
The member countries of the Regional Comprehensive Economic Partnership Agreement (RCEP) include 10 ASEAN countries and 15 countries including Australia, China, Japan, South Korea, and New Zealand, covering nearly half of the world's population and nearly one-third of its trade volume. In 2012, ASEAN launched RCEP. On June 2, 2023, RCEP will fully take effect for the 15 signatories. The free trade area with the largest population, largest economic and trade scale and the greatest development potential in the world has entered a new stage of full implementation. RCEP occupies a very important position in my country's opening pattern. In 2022, the total import and export volume between my country and other RCEP member countries will increase by 7.5% year-on-year, accounting for 30.8% of my country's total foreign trade import and export.
China and RCEP member countries are geographically adjacent and have close economic and trade ties. The full implementation of RCEP will greatly promote the free flow of resource elements such as goods, services, capital, technology, talents, and data information in the region, expand open cooperation on a larger scale, at a higher level, and at a deeper level, and promote the gradual formation of a more prosperous Stable regional integration market. The full implementation of RCEP also provides an important opportunity for my country to better coordinate the two resources in the domestic and international markets, which will help enhance the linkage effect of the two resources in the domestic and international markets, better serve and support the new development pattern, and help promote the development of the Asia-Pacific region. The process of regional economic integration has made important contributions to the recovery and prosperity of the world economy.
The high-quality promotion of the comprehensive implementation and continuous upgrading of RCEP is a major measure to alleviate the difficulties of development through opening up, to gather the strength of cooperation through openness, to gather the momentum of innovation through openness, and to seek shared benefits through openness. Hierarchical reform, better service and integration into the new development pattern, promoting high-quality development from a larger regional scope with greater efforts, making unremitting efforts to further promote the building of a community with a shared future for mankind, and contributing more Chinese power to the high-level advancement of economic globalization .
First, promote high-quality development by promoting the full implementation of RCEP. Firmly grasp the primary task of high-quality development, continuously release the policy dividends of the full implementation of RCEP, and fully stimulate the endogenous power of high-quality development. The 15 member countries of RCEP are the core support for economic growth in the Asia-Pacific region and an important force supporting global economic growth. By promoting the full implementation of RCEP with high quality and promoting investment and trade facilitation among member countries, RCEP will be played on a larger geographical scale The comparative advantages of member countries, and promote the transformation of comparative advantages into economic advantages and industrial advantages. It is necessary to firmly grasp the important development opportunities brought about by the full implementation of RCEP, insist on equal emphasis on high-quality imports and high-level going out, and form a pattern of opening up to the outside world on a larger scale, wider fields, and deeper levels.
Second, promote high-level opening up by promoting the full implementation of RCEP. High-level opening up is bound to be accompanied by deep-seated reforms. We must take high-quality promotion of the full implementation of RCEP as a major opportunity to make good use of the "key move" of reform and opening up to provide a stronger guarantee for Chinese-style modernization. Relying on the large RCEP market, in accordance with the requirements of promoting high-level opening up to the outside world, promote the optimization and upgrading of trade in goods, innovate the development mechanism of trade in services, develop digital trade, and help build a trade power. Deeply promote reforms in key areas, focus on breaking down deep-seated system and mechanism obstacles, coordinate and promote the construction of a modern infrastructure system and a high-standard market system, steadily expand rules, regulations, management, standards and other institutional openings, and constantly demonstrate the advantages of the socialist system with Chinese characteristics. Relying on the advantages of my country's ultra-large-scale market, we will continue to release the broad market potential of the full implementation of RCEP, and at the same time link the broader global market, attract global resource elements with my country's strong domestic cycle, and enhance the linkage effect of the two resources in the domestic and international markets. Improve the quality and level of trade and investment cooperation.
Third, promote the full implementation of RCEP to share a high-quality life. Building a community with a shared future for mankind is the future of people all over the world. The historical trend of peace, development, cooperation, and win-win is irresistible. The purpose of building RCEP is to better share the benefits brought by RCEP, and ultimately promote the all-round development of people and the overall progress of society. . The full implementation of RCEP has opened up a new situation of harmonious coexistence and win-win cooperation among RCEP member states, and provided an important institutional guarantee for member states to achieve lasting prosperity, security and a shared high-quality life. It is necessary to adhere to the sharing of responsibilities and results, and through joint construction and sharing, we must gather the greatest common divisor for promoting the construction of a community with a shared future for mankind.
